Is South End, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, South End was a Seller's Market.
Housing Prices in South End, MA
How much do homes in South End, MA cost?
Median Sold Price
$1,387,633
$1,161/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in South End was $1,387,633 in March 2024, up 18.6% from last year, and the median price per square foot was $1,161.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $780K | $785K | +0.6% |
2 Bedrooms | $1.1M | $1.3M | +15.4% |
3 Bedrooms | $2.2M | $2.2M | +2.4% |
4 Bedrooms | $3.2M | $2.7M | -17.3% |
5+ Bedrooms | $3.6M | $3.7M | +1.9% |
Summary: South End housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.6%, 2 bedroom homes increased by 15.4%, 3 bedroom homes increased by 2.4%, 4 bedroom homes decreased by 17.3%, and 5+ bedroom homes increased by 1.9%.
Housing Supply in South End, MA
How many homes are available in South End, MA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
119 | 156 | +31.1% |
Summary: The South End real estate market had 156 homes for sale in March 2024, a 31.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 29 | 44 | +51.7% |
2 Bedrooms | 46 | 58 | +26.1% |
3 Bedrooms | 29 | 36 | +24.1% |
4 Bedrooms | 9 | 12 | +33.3% |
5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The South End housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 51.7%, 2 bedroom homes increased by 26.1%, 3 bedroom homes increased by 24.1%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
18 | 22 | +22.2% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 22 homes were sold or pending in South End in March 2024, up by 22.2% month-over-month. Of the 22 sold homes, 36% were sold under asking, 45% were sold at asking, and 18% were sold over asking.
Days on Market for South End, MA
How long does it take to sell a home in South End, MA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
58 Days | 36 Days | -37.7% |
Summary: Homes in South End had an average of 36 days on market in Mar 2024, down by 37.7% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 22 homes were sold in South End; 73% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.